Lukas Walton

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Lukas Walton
Born (1986-09-19) September 19, 1986 (age 38)
San Diego, California, U.S.
Education Journeys School
Alma mater Colorado College
OccupationHeir
SpouseSamantha Walton
Parent(s) John T. Walton
Christy Walton
Relatives Sam Walton (grandfather)
Helen Walton (grandmother)

Lukas Tyler Walton (born September 19, 1986) is an American billionaire heir. He is the grandson of Sam Walton, the founder of Walmart.

Contents

Early life and career

Lukas Walton is the only child of John T. Walton (1946–2005) and his wife Christy Walton. He grew up in National City, California, and Jackson Hole, Wyoming. [1] His father, John T. Walton, died in a plane crash in 2005. Following his father's death, he moved with his mother to Jackson, Wyoming. [2]

When he was three years old, Walton was diagnosed with a rare kidney cancer, and his mother attributed his recovery to a plant-based remedy from her garden. [3]

He has a bachelor's degree in environmentally sustainable business from Colorado College, where he graduated in 2010. [1] [4]

He went on to work at True North Venture Partners. [5]

Philanthropy

He is the environment program committee chair for the Walton Family Foundation. [2]

Politics

In 2020, Walton gave $5,600 to the Biden campaign and $142,000 to the Democratic National Committee. [6]

Personal life

As of 2022, Lukas Walton is ranked 106th in the Forbes annual list of the world's billionaires. [7]

He lives in Jackson, Wyoming [8] and Chicago. [9] As of September 2020, he was listed as the richest person in the state of Illinois. [9]

He is married to Samantha Walton, [10] [11] [12] who is listed as the co-president with Lukas Walton in the Builders Initiative, which is a Walton family foundation. [13]

As per Forbes list of The Richest People In The World, dated 8 MARCH 2024, Lukas Walton is ranked #60 with a net worth of $28 Billion. [14]

Related Research Articles

<span class="mw-page-title-main">Sam Walton</span> American business magnate (1918–1992)

Samuel Moore Walton was an American business magnate best known for founding the retailers Walmart and Sam's Club, which he started in Rogers, Arkansas and Midwest City, Oklahoma in 1962 and 1983 respectively. Wal-Mart Stores Inc. grew to be the world's largest corporation by revenue as well as the biggest private employer in the world. For a period of time, Walton was the richest person in the United States. His family has remained the richest family in the U.S. for several consecutive years, with a net worth of around $240.6 billion US as of January 2022. In 1992 at the age of 74, Walton died of blood cancer and was laid to rest at the Bentonville Cemetery in his longtime home of Bentonville, Arkansas.

<span class="mw-page-title-main">Helen Walton</span> American philanthropist and prominent arts advocate (1919-2007)

Helen Robson Walton (December 3, 1919 – April 19, 2007) was an American philanthropist and prominent arts advocate, dedicated to being a grandmother and to her community in Bentonville, Arkansas where she instituted a committee for a national museum of arts. After 31 years of activity, the Arkansas Committee on the National Museum for Women in the Arts is the longest standing committee in the state. She was also the wife of Walmart and Sam's Club founder Sam Walton. At one point in her life, she was the richest American and the eleventh-richest woman in the world.

<span class="mw-page-title-main">S. Robson Walton</span> American billionaire (born 1944)

Samuel Robson "Rob" Walton is an American billionaire heir to the fortune of Walmart, the world's largest retailer. He is the eldest son of Helen Walton and Sam Walton, and was chairman of Walmart from 1992 to 2015. As of November 2023, Walton had an estimated net worth of US$72 billion, making him the 16th richest person in the world. He is also the principal owner of the Denver Broncos.

<span class="mw-page-title-main">Alice Walton</span> American heiress to the fortune of Wal-Mart Stores, Inc.

Alice Louise Walton is an American heiress to the fortune of Walmart as daughter of founder Sam Walton. In September 2016, she owned over $11 billion in Walmart shares. As of November 2023, Walton has a net worth of $71 billion, making her the 17th richest person and the second-richest woman in the world according to Bloomberg Billionaires Index, after Françoise Bettencourt Meyers.

<span class="mw-page-title-main">Jim Walton</span> American businessman

James Carr Walton is an American businessman, currently an heir to the fortune of Walmart, the world's largest retailer. As of August 2024, Walton was the 15th-richest person in the world, with a net worth of US$92.5 billion according to Forbes. He is the youngest son of Sam Walton.

John Thomas Walton was an American war veteran and a son of Walmart founder Sam Walton. He was also the chairman of True North Venture Partners, a venture capital firm. Walton cofounded the Children's Scholarship Fund, providing tuition scholarships for disadvantaged youth.

Nancy Walton Laurie is an American billionaire, as an heir to the Walmart fortune.

John Franklyn Mars is an American businessman and heir. He is the chairman of Mars, Inc. As of November 2023, Bloomberg Billionaires Index estimated his net worth at US$46.4 billion, ranking him the 24th-richest person in the world.

Joseph Safra was a Swiss-based Lebanese Brazilian banker and billionaire businessman of Syrian descent. He was Brazil's richest man and the richest banker in the world, running the Brazilian banking and investment empire, Safra Group.

Christy Ruth Walton is the widow of John T. Walton, who was one of the sons of the Walmart founder Sam Walton.

<span class="mw-page-title-main">Kenneth C. Griffin</span> American billionaire hedge fund manager (born 1968)

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<span class="mw-page-title-main">Walton family</span> Family descended from the founders of Walmart

The Walton family is an American family whose collective fortune derived from Walmart makes them the richest family in the United States.

<span class="mw-page-title-main">Mohammed Dewji</span> Tanzanian billionaire businessman and politician

Mohammed "Mo" Gulamabbas Dewji is a Tanzanian billionaire businessman and former politician. He is the owner of MeTL Group, a Tanzanian conglomerate founded by his grandmother, developed by his father in the 1970s. Dewji served as Member of the Tanzanian Parliament for Chama Cha Mapinduzi (CCM) from 2005 to 2015 for his home town of Singida. As of October 2024, Dewji has an estimated net worth of US$1.8 billion, Africa's 17th richest person and youngest billionaire. Dewji was the first Tanzanian on the cover of Forbes magazine, in 2013.

<span class="mw-page-title-main">Amancio Ortega</span> Spanish business tycoon

Don Amancio Ortega Gaona, OMC is a Spanish billionaire businessman. He is the founder and former chairman of Inditex fashion group, best known for its chains of Zara and Bershka clothing and accessories shops. He is considered a pioneer in fast fashion. As of September 2024, Ortega had a net worth of $134.3 billion, making him the second-wealthiest person in Europe after Bernard Arnault and the 11th-wealthiest in the world. For a brief period of time in 2015, he was the richest man in the world, surpassing Bill Gates when his net worth peaked to $80 billion as Zara's parent company, Inditex's, stock peaked.

<span class="mw-page-title-main">Forrest Mars Jr.</span> American businessman (1931–2016)

Forrest Edward Mars Jr. was an American heir and businessman. He was the eldest son of Audrey Ruth (Meyer) and Forrest Mars Sr., and the grandson of Frank C. Mars, the founder of Mars, Incorporated. He served as Co-President of the confectionery company from 1975 to 1999.

<i>The Worlds Billionaires</i> Annual ranking of the worlds billionaires by Forbes magazine

The World's Billionaires is an annual ranking of people who are billionaires, i.e., they are considered to have a net worth of US$1 billion or more, by the American business magazine Forbes. The list was first published in March 1987. The total net worth of each individual on the list is estimated and is cited in United States dollars, based on their documented assets and accounting for debt and other factors. Royalty and dictators whose wealth comes from their positions are excluded from these lists. This ranking is an index of the wealthiest documented individuals, excluding any ranking of those with wealth that is not able to be completely ascertained.

Manoj Bhargava is an Indian American businessman and philanthropist. He is the founder and CEO of Innovations Ventures LLC, the company known for producing the 5-hour Energy drink. By 2012, the brand had grown to do an estimated $1 billion in sales. In 2015, Bhargava pledged 99% of his net worth to improve the well-being of the world's less fortunate. In 2023, Bhargava was named interim chief executive of Sports Illustrated magazine after the removal of Ross Levinsohn. He has been the subject of a United States Senate Committee on Finance investigation into undeclared Swiss bank accounts and is under a criminal tax evasion probe by the United States Department of Justice and the Internal Revenue Service as of 2024, according to The Wall Street Journal.

Gregory Boyd Penner is an American businessman who is the chairman of Walmart and co-owner and CEO of the Denver Broncos of the National Football League (NFL). He is the son-in-law of S. Robson Walton and the grandson-in-law of Sam Walton, the founder of Walmart.

Steuart Walton is an American attorney and businessman. Born into the billionaire Walton family, he is a director of Walmart, the world's largest company by revenue, co-founder of private equity firm RZC Investments, which bought British cycling brand Rapha in 2017, and founder of Game Composites, a composite aircraft manufacturer.

References

  1. 1 2 Levitz, Eric (November 6, 2015). "Meet the 29-Year-Old Who Was, Until Today, a Secret Megabillionaire". NYmag. Archived from the original on June 17, 2018. Retrieved November 7, 2015.
  2. 1 2 "Meet Lukas Walton, the fiercely private heir to the Walmart empire who has donated millions from his fortune to find solutions to environmental problems". Business Insider. February 20, 2020. Archived from the original on November 10, 2020. Retrieved November 10, 2020.
  3. ↑ Kimball, Ryder. "Meet Lukas Walton, the fiercely private heir to the Walmart empire who has donated millions from his fortune to find solutions to environmental problems". Business Insider. Archived from the original on February 29, 2020. Retrieved May 13, 2020.
  4. ↑ De Jong, David (November 6, 2015). "A Wal-Mart Heir Is $27 Billion Poorer Than Everyone Thought". Bloomberg L.P. Archived from the original on March 5, 2019. Retrieved November 7, 2015.
  5. ↑ "Meet the 29-Year-Old Who Was, Until Today, a Secret Megabillionaire". New York Magazine. November 6, 2015. Archived from the original on June 17, 2018. Retrieved November 10, 2020.
  6. ↑ "Data shows some Walton giving leans to left". Northwest Arkansas Democrat Gazette. October 18, 2020. Archived from the original on November 16, 2020. Retrieved November 10, 2020.
  7. ↑ "Forbes Billionaires 2022: The Richest People In The World". Forbes. Archived from the original on January 4, 2019. Retrieved January 24, 2023.
  8. ↑ "Forbes profile: Lukas Walton". Forbes. Archived from the original on April 21, 2019. Retrieved February 16, 2019.
  9. 1 2 Strahler, Steven R (September 11, 2020). "Turns out the richest Illinoisan is not Ken Griffin". Crain's Chicago Business. Archived from the original on October 17, 2020. Retrieved September 12, 2020.
  10. ↑ "Find out why philanthropist Lukas Walton is a #Crains40Under40". Crain's Chicago Business. November 5, 2020. Archived from the original on March 7, 2021. Retrieved March 19, 2021.
  11. ↑ "Turns out the richest Illinoisan is not Ken Griffin". Crain's Chicago Business. September 11, 2020. Archived from the original on October 17, 2020. Retrieved September 12, 2020.
  12. ↑ "Return of private foundation" (PDF). foundationcenter.org. Archived (PDF) from the original on April 15, 2021. Retrieved September 8, 2023.
  13. ↑ "Return of private foundation" (PDF). foundationcenter.org. Archived (PDF) from the original on June 10, 2021. Retrieved September 8, 2023.
  14. ↑ "The Richest People In The World".
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